I am under pressure from the executor of a property in Templecombe to complete within four weeks. What can be done to quicken up the legal process?
In a situation where the seller is applying time constraints to exchange it is highly recommended that your solicitor is familiar with the location as they will make use of local relationships and intelligence. It is possible that they could have transacted otherproperties in the same street. Therefore consider using a Templecombe conveyancing solicitor. In addition, check that the lawyer is on the lender panel. It is estimated that 18% of Templecombe conveyancing deals are frustrated or jeopardised after finding out that a purchaser’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the transaction being held up by an average of three weeks. It is said that this issue affects approximately 100,000 home sales annually. Many Templecombe conveyancing practices can not represent certain banks so do check at the outset.
I am purchasing a garden flat in Templecombe. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Templecombe you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Templecombe.
Forgive me if this question is silly but I am unexperienced as FTB of a two bedroom flat in Templecombe. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a local conveyancing solicitor in Templecombe?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s lawyers, and once they have received this, you should be called to receive the keys from the Estate Agents and start moving into the property. Usually this happens between 1 and 3pm.
We had selected solicitors with offices in Templecombe on the UBS solicitor approved list. They are now charging me an additional sum for the legal aspects of the UBS mortgage. Is this an additional conveyancing fee set by UBS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your solicitor is entitled to charge a fee for this. This fee is not set by UBS but by your Templecombe property lawyer. Plenty of firms on the UBS panel will quote an ‘acting for lender’ fee and others do not.
We have agreed to purchase a house in Templecombe. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As you are obtaining a mortgage with Skipton your lawyer must comply with the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and lawyers are required to report to Skipton where a lease does not meet these conditions. The provisions relate to the installation of panels on properties in England and Wales and is not limited to Templecombe.
How does conveyancing in Templecombe differ for new build properties?
Most buyers of new build or newly converted property in Templecombe approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Templecombe typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Templecombe or who has acted in the same development.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Templecombe?
At this site secure an accurate quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Templecombe. Unlike many estate agents and many comparison sites we do not operate kick-back deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the most per referral, as opposed to the best value conveyancing in Templecombe
Living abroad I am unable to be present at my Templecombe conveyancing solicitors office to execute documents for conveyancing in Templecombe – will this be an issue?
No. Templecombe conveyancing lawyers can conduct home moves for clients from a distance. You are unlikely to be required to visit a Templecombe conveyancers office. They can deal with all communications remotely from their Templecombe premises.